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Accounting MCQs with Answers

The direct labor, salary outlays and direct material purchases are classified as ___________?

April 20, 2025 by admin
A. price disbursements
B. cash disbursements
C. budget disbursements
D. goods disbursements
Categories Accounting MCQs with Answers Leave a comment

The cash receipts are added in to beginning cash balance to calculate __________?

April 20, 2025 by admin
A. total goods manufactured
B. total cash available
C. total revenue
D. total goods sold
Categories Accounting MCQs with Answers Leave a comment

The compelling strategic plan, promoting coordination and providing framework of performance are ___________?

April 20, 2025 by admin
A. advantages of budget
B. disadvantages of budget
C. advantages of costing method
D. disadvantages of costing method
Categories Accounting MCQs with Answers Leave a comment

The degree of influence that a manager would have on the revenues, cost, profit and investment is known as __________?

April 20, 2025 by admin
A. controllability
B. influential power
C. responsibility
D. all of above
Categories Accounting MCQs with Answers Leave a comment

In Kaizen budgeting, the costs are based on all the improvements which is __________?

April 20, 2025 by admin
A. to be implemented
B. based on current practice
C. based on past prices
D. based on sold quantity
Categories Accounting MCQs with Answers Leave a comment

The better administration of budget in budgeting plans require:_____________?

April 20, 2025 by admin
A. intelligent interpretations
B. participation
C. persuasion
D. all of above
Categories Accounting MCQs with Answers Leave a comment

The practice, which makes target more achievable by underestimating revenues or overestimating cost is called _____________?

April 20, 2025 by admin
A. cost slack
B. target slack
C. budgetary slack
D. revenue slack
Categories Accounting MCQs with Answers Leave a comment

The budget plan in many companies is also referred as ___________?

April 20, 2025 by admin
A. profit plan
B. sales plan
C. cost plan
D. marketing plan
Categories Accounting MCQs with Answers Leave a comment

The quantitative expression, of action plan by the management of the firm for a specified period of time is classified as ___________?

April 20, 2025 by admin
A. complexity
B. process
C. budget
D. batching
Categories Accounting MCQs with Answers Leave a comment

The starting point in the operating budget is __________?

April 20, 2025 by admin
A. cost budget
B. material list
C. revenue budget
D. list of investors
Categories Accounting MCQs with Answers Leave a comment
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